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LONDON -- Italy's state-back oil giant Eni SpA is raising its dividend, in a fresh sign that the international energy industry is bouncing back from a three-year downturn. Eni said Friday it plans to raise its dividend by nearly 4% from last year. The company will also consider share buybacks, depending on its cash flow position over the next four years, it said.

Royal Dutch Shell PLC (RDSB) has moved to withdraw from New Zealand with a deal to sell its interests in a portfolio of energy assets to OMV AG (OMV.VI) for US$578 million. The sale follows a two-year review of Shell's operations in the country and 2017 sale of its 50% stake in the Kapuni natural-gas field to local venture partner Todd Energy.

--Royal Dutch Shell is nearing an agreement with Hong Kong to become the first company to supply the city with liquefied natural gas, Reuters reports, citing unnamed sources. --The oil-and-gas company beat out companies like Malaysia's Petronas, and is set to supply Hong Kong with 1.2 million tons of LNG a year for about 10 years as part of the agreement, which will be put into effect after 2020, according to Reuters.

--Anglo-Dutch oil company Royal Dutch Shell and U.S. private equity company Blackstone Group are working on a $10 billion joint offer to acquire miner BHP Billiton PLC's onshore U.S. shale assets, Sky News reports, quoting banking sources.

SYDNEY--Australia's corporate regulator said it has started legal action against Rio Tinto Ltd. and two former executives, alleging they deceived investors over Mozambique coal assets bought for $4 billion in 2011.

LONDON--Global demand for liquefied natural gas grew ahead of expectations in 2017, Royal Dutch Shell PLC RDSA.LN said Monday. The British-Dutch oil giant said in its second annual LNG outlook that the global LNG market grew by 29 million metric tons last year, to 293 million tons, boosted by strong demand in Asia.

LONDON--Global demand for crude oil could peak in the next two decades, as renewables like solar power surge faster than expected to meet a greater share of the world's energy needs, BP PLC said Tuesday.

LONDON-- BP PLC Tuesday reported its first quarterly loss since mid-2016, weighed down by one-off charges relating to the company's 2010 blowout in the Gulf of Mexico and the U.S. tax overhaul. The blow in the fourth quarter capped what was otherwise a successful year, as the British oil giant reported its first annual profit since the oil price crashed nearly four years ago, buoyed by rising oil prices, stronger production and healthy earnings from its refining and marketing divisions.

LONDON-- BP PLC is struggling to convince investors it can regain its top position among the world's elite energy players nearly eight years after the Deepwater Horizon disaster. Chief Executive Bob Dudley has staked his legacy on reversing the company's lost prestige and turning it from a survivor into a stronger, more profitable company than it was before the 2010 oil spill.

America's biggest oil companies surprised investors with quarterly profits that missed expectations stoked by rising crude prices. Exxon Mobil Corp. and Chevron Corp. Friday reported quarterly net income of $8.4 billion and $3.1 billion, respectively. But most of the gains stemmed from one-time benefits related to the tax changes approved by Congress and signed into law by President Donald Trump late last year.

LONDON-- Royal Dutch Shell PLC more than tripled its profit in 2017 on a rebound in oil prices, but its closely watched cash-flow figures fell short of expectations, alarming investors. The British-Dutch oil giant said Thursday its 2017 profit on a current cost-of-supplies basis--a number similar to the net income that U.S.

LONDON-- Royal Dutch Shell PLC more than tripled its earnings in 2017, as rising oil and natural gas prices helped accelerate the impact of its efforts to boost cash flow and profitability. The Anglo-Dutch oil giant is the first of the oil majors to report its earnings, kicking off a results season that is expected to show them regaining financial strength after years of scrambling to cope with a sharp drop in oil prices 3 1/2 years ago.

Royal Dutch Shell PLC (RDSA) said on Thursday that CCS earnings in the fourth quarter were almost three times higher than in the same period a year ago. The Anglo-Dutch oil company said profit for the fourth quarter on a current-cost-of-supplies basis, Shell's equivalent of net earnings, was $3.08 billion, up from $1.03 billion in the year-earlier period.

BP PLC (BP.LN) said on Wednesday it has made two new exploration discoveries in the U.K. North Sea, and that data from the wells is currently being evaluated to consider future options. The discoveries are Capercaillie, in Block 29/4e in the central North Sea, and Achmelvich, in Block 206/9b west of Shetland.

LONDON -- Royal Dutch Shell PLC is giving up on its last oil fields in Iraq, leaving the world's second-biggest oil company with a dwindling footprint in the Middle East -- a region it helped build into a petroleum powerhouse.

New York City filed a lawsuit against five major oil companies, asking for billions of dollars to protect the city from climate change. "In this litigation, the City seeks to shift the costs of protecting the City from climate change impacts back onto the companies that have done nearly all they could to create this existential threat," said the complaint, which was filed in U.S.

Royal Dutch Shell PLC (RDSA.LN) said Wednesday that it expects a charge to its fourth-quarter earnings of $2 billion to $2.5 billion following the changes to U.S. tax reform, driven by a re-measurement of its deferred tax position to reflect the lower corporate income tax rate.

Royal Dutch Shell PLC RDSA.LN said Thursday that it has agreed to acquire U.K. household-energy and broadband provider First Utility Ltd. for an undisclosed price. Shell said the acquisition will expand its energy-supply business from commercial and industrial customers into the residential sector.

The 1-Decene market is estimated to be USD 999.4 million in 2017 and is projected to reach USD 1,272.7 million by 2022, at a CAGR of 5.0% between 2017 and 2022

Mar. 1, 2018 at 2:03 p.m. ET

on PR Newswire - PRF

Royal Dutch Shell PLC ADR Cl A

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment covers the liquefaction and transportation of gas. The Upstream segment explores and extracts crude oil, natural gas, and natural gas liquids. The Downstream segment manufactures and markets oil products and chemicals. The Corporate segment represents the firm's holdings and treasury organization; self-insurance activities; headquarters and central functions. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.
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